“Paper money eventually returns to its intrinsic value – zero.” Voltaire During the reign of Nero (37-68 A.D.) the Roman Empire embarked on a disastrous policy that was one of the major contributors to its eventual demise. In order to pay for the cost of maintaining their empire they started debasing the currency by 'clipping' bits of gold from the existing coins and then using the purloined gold flakes to mint new coins. As the empire kept expanding, the coins kept getting smaller and smaller. Prices kept rising while the purchasing power of each clipped coin went down. By 265 AD, prices had increased by 1,000% throughout the empire which ultimately led to the people being taxed more. As trade ground to a halt the economy was eventually paralyzed by a debased currency, hyperinflation, and high taxes. [1] Rome eventually collapsed as a result and history has continued to repeat itself ever since.
Great piece!!!!! well articulated and informative.
Thank you sir for the feedback! Much appreciated and look out for part 2
Always Nice To Read Someone With Not Only Intelligent But Contrarian And Unique Mind…. Way Easier To Exit The Matrix With Help Like This….. 🙏
I couldn't agree more with you and it's my hope to help as many people as possible to exit the matrix.